NOT LISTED FOR SALE

242 168th St E Spanaway, WA 98387

Estimated Value: $387,000 - $441,000

2 Beds
2 Baths
1,416 Sq Ft
$291/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $240,300 $170 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,512/month

32 Days on Market

About This Home

As of October 2020

2 bed, 2 bath, 1416 sq ft rambler on .30 acre lot. This property is a blank slate. Great location close to schools, shopping and JBLM. Don't miss out on this great opportunity! This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Jonathan Harper

Keller Williams Realty License #27909 Listed on: 08/31/2020

Keller Williams Realty

Last Buyer's Agent

Alina Cucereavii

Skyline Properties, Inc. License #110820

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1655620

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.3

Parking

  • Attached Carport

Home Design

  • Composition Roof
  • Wood Composite

Utilities

  • Septic System

Community Details

  • Lake Park Community

Listing and Financial Details

  • Assessor Parcel Number 5025000550

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Year Built: 1957
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Estimated Sq Ft: 1416
  • Square Footage Finished: 1416

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Baseboard
  • Power Company: TPU
  • Sewer: Septic
  • Sewer Company: septic
  • Water Company: Spanaway Water
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lake Park

Schools

  • School District: BTH

Lot Info

  • Lot Sq Ft: 13230
  • Parcel Number: 5025000550

Tax Info

  • Tax Amount: 3479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 27, 2020
Sold by
Federal National Mortgage Association
Bought by
Gutu Mihail
Seller's Agent
Jonathan Harper
Keller Williams Realty
Buyer's Agent
Alina Cucereavii
Skyline Properties, Inc.
List Price
$234,900
Sold Price
$240,300
Premium/Discount to List
$5,400
2.3%
Current Estimated Value
$412,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,169
Avg. Annual Appreciation
10.97%
Original Mortgage
$210,382
Outstanding Balance
$185,924
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$226,545

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 26, 2020
Sold by
Verdes Victoria
Bought by
Gutu Mihail
Seller's Agent
Jonathan Harper
Keller Williams Realty
Buyer's Agent
Alina Cucereavii
Skyline Properties, Inc.
List Price
$234,900
Sold Price
$240,300
Premium/Discount to List
$5,400
2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,382
Outstanding Balance
$185,924
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$226,545

Purchase Details

Closed on
Jul 16, 2020
Sold by
Johnson Melinda Sue
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 6, 2019
Sold by
Johnson David A and Johnson Barbara A
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gutu Mihail $240,300 Fidelity National Title
Gutu Mihail -- Fidelity National Title
Federal National Mortgage Association -- None Available
Federal National Mortgage Association $195,305 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutu Mihail $210,382
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2020 10/28/20 Sold $240,300 +2.3% $170 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $234,900 -- $166 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,292 $411,700 $199,100 $212,600
2024 $4,292 $395,400 $184,800 $210,600
2023 $4,292 $361,800 $169,500 $192,300
2022 $4,172 $375,500 $169,500 $206,000
2021 $3,764 $263,200 $100,500 $162,700
2019 $2,732 $237,100 $83,200 $153,900
2018 $1,327 $220,100 $75,800 $144,300
2017 $1,405 $193,100 $66,600 $126,500
2016 $2,448 $155,700 $57,300 $98,400
2014 $2,150 $142,800 $52,600 $90,200
2013 $2,150 $128,500 $43,900 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1655620

Northwest Multiple Listing Service (NWMLS)

APN: 502500-0550